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After Standard Chartered tapped shareholders for £3.3 billion this week
investors were wary of other lenders lest they, too, come looking for cash.

In the wake of the financial crisis all banks will be required to set aside
more cash against future shocks to the system.

Take Barclays. Though the incoming chief executive, Bob Diamond, has been at
pains to emphasise that his bank needs no further funding, there was
speculation yesterday that it is working on a bond to allow it to meet its
capital requirements without the need to issue new shares.